Uplifting One, Uplifting All: IOI Foundation and the Power of Purpose-Driven Giving

At the heart of IOI Corporation Berhad’s (IOI) corporate responsibilities and community efforts lies a quiet yet powerful force: IOI Foundation. Formerly known as Yayasan Tan Sri Lee Shin Cheng, this charitable arm has been touching lives with genuine care, empathy, humility and a deep belief in the potential of every person since its inception in 1985.

Whether it’s a child dreaming of education, a family in need of medical support, or a rural student discovering a passion for science, IOI Foundation continues to stand by those who need a hand, a voice, or simply a chance. In FY2024 alone, IOI Foundation contributed RM2.7 million, supporting 141 individuals and organisations. This brings its cumulative impact to more than RM65 million over four decades – a lasting legacy of giving that has helped build schools, equip students with tools for the future, and bring dignity and relief to countless lives.

Through IOI’s Student Adoption Programme, more than 1,500 students have been supported, many of them the first in their families to receive structured academic aid. In addition, over 350 scholarship holders have been given the opportunity to pursue their higher education dreams since 1998, each a future changemaker shaped by compassion and purpose.

Yet IOI’s support goes far beyond financial assistance. Its foundation also champions circular impact through Bargain Basement, a social enterprise founded in 2016 by IOI Foundation Executive Director Datin Joanne Wong. Built on a simple yet powerful concept – providing a platform to donate or buy pre-loved items while supporting others. Bargain Basement has become a community treasure trove that embodies sustainability and kindness. It diverts waste from landfills, promotes mindful consumption, and most importantly, channels all net earnings into helping those in need.

Through every scholarship awarded, every bag of groceries given, every child’s smile restored, IOI Foundation is more than just a charitable body – it is a symbol of IOI’s belief in shared prosperity, inclusive growth and the power of purpose-driven giving.

As the world moves forward, IOI’s approach to CSR remains grounded in one timeless principle: “When we uplift one, we uplift all”.